Bitcoin ETFs Shed Nearly $1 Billion in Two Weeks as Uptober Stays Red

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U.S. spot Bitcoin ETFs posted net outflows of $228.6 million this week, after losing $681.1 million the week before. About $910 million has left these funds over two weeks, with Wednesday’s $261.4 million redemption marking the worst session. The funds are down about $615 million for October as Bitcoin slipped below $80,000 on Thursday. Despite recent outflows, cumulative net inflows since launch in January 2024 still stand at $57.3 billion, with total net assets at approximately $104 billion.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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